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Sustainable real estate
Sustainable real estate
"
By increasing the supply of student housing, we’re freeing up rental units for other types of households. Most of all, we’re paving the way for similar solutions for other segments of the population and it shows that we can create large-scale sustainable and affordable real estate."
— Laurent Lévesque, UTILE, a Fonds immobilier de solidarité FTQ's partner
Why it’s important to us
The real estate sector is facing some major challenges that have a serious impact on the environment and Quebecers' quality of life: a shortage of affordable housing, a challenging economy, greenhouse gas emissions and limited resources.
There’s a growing sense of urgency to think differently about real estate so all Québec communities can continue to benefit from accessible or affordable housing.
Our approach
We’re building great things with your savings. More than ever, the Fonds immobilier de solidarité FTQ is stepping up its investments in sustainable real estate with economically, environmentally and socially responsible projects in an effort to ease the housing crisis today while building better living environments for tomorrow.
Here’s what we’ve done so far this year:
Established partnerships to help develop social or affordable housing projects
To do great things, you need to be surrounded by the right people. And at the Fonds immobilier, we are. Thanks to your savings and our network of trusted partners, we develop social or affordable housing projects across Québec to help address one of the major challenges facing our society: access to quality, affordable housing.
We helped increase the number of social, community or affordable housing units.
5,162
housing units serving vulnerable populations are financed by the Fonds immobilier. These projects are carried out by non-profit organizations.
2,583
residential units buil or under construction as part of an agreement between the Québec government and the Fonds de solidarité FTQ under which the Fonds immobilier and its partners will build 2,990 social and affordable housing units by 2027.[3]
41%
of all social or affordable housing investments in Quebec[4] are generated by the Fonds immobilier.
UTILE: rethinking the future of affordable student housing
Montréal
Finding affordable housing is a challenge for many students. From the outset, the Fonds immobilier de solidarité FTQ chose to support UTILE, a social economy enterprise that designs, builds and responsibly manages sustainable housing tailored to the needs of Québec's student population.
This investment helped bring forward a model that is now being implemented in several cities across Québec. Each new project helps improve access to affordable housing and reduce pressure on the rental market.
"
For us, the Fonds is a strategic partner because it can play a pivotal role in projects like ours. Its history, expertise and understanding of the ecosystem, as well as its stability and predictability, allowed us to chart a course for the future."
— Laurent Levesque
President and CEO
UTILE
Representatives from UTILE, the Fonds immobilier de solidarité FTQ, the City of Montréal, the Government of Canada and the student community gathered for the inauguration of the UTILE Saint-Laurent project.
Increasing the supply of housing throughout Québec
Across Quebec, many people are struggling to find housing they can afford. To help address the shortage of affordable housing, we invest in sustainable real estate projects that will enable thousands of workers, young adults, seniors and families to find a place to call home—one where they can thrive for years to come.
Groupe Evoludev: Building more housing
Developing more sustainable rental housing to meet the needs of communities is a vision shared by Groupe Évoludev and the Fonds immobilier de solidarité FTQ. Following the O'Rive project in Montréal East, Laurée will take shape in Repentigny with 217 housing units and will become the first project in Avantia, a future mixed-use and sustainable neighbourhood. Discover how the O'Rive project inspired this vision.
Our real estate investments pay off.
This is what we've managed to build with our partners—and your savings:
7,286
residential rental units under 82 asset management[3]
Helping to transform the real estate market through sustainable development
The real estate market needs to reinvent itself to address environmental challenges, and we’re here to drive that transformation. More than ever, we’re pursuing initiatives to reduce GHG emissions, such as using sustainable materials, adopting energy efficiency measures, implementing systems to reduce drinking water waste and introducing composting systems. These initiatives help us all flourish.
HAUBAN
A first high-performance mass timber project
In Terrebonne, a first 12-storey rental residential building made of Quebec-sourced mass timber is taking shape. This project marks an important milestone for the Fonds immobilier: demonstrating that it is possible to meet housing needs while reducing the environmental footprint of construction.
By choosing mass timber, a renewable material, the project reduces the building’s environmental footprint from the design stage while creating comfortable and welcoming living spaces for future residents.
More than just a building, this innovative project is paving the way for a new approach to construction that we hope to expand elsewhere across Quebec.
Our Major Achievements in Sustainable Development
Over the years, we have invested in sustainable real estate in several ways, but always with the same goal in mind: helping Quebecers access affordable and decent housing. Here are our accomplishments.[3]
A sustainable playground
Projects in development or construction
Combined value of $3.7 billion
Portfolio properties under management
Comprising 3 million square feet of commercial, industrial, office infrastructure.
Property management
Most recent data – 2022
